Short Interest in SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) Expands By 254.0%

SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 33,648 shares, a growth of 254.0% from the December 31st total of 9,505 shares. Approximately 5.5% of the shares of the company are sold short. Based on an average trading volume of 16,343 shares, the short-interest ratio is presently 2.1 days. Based on an average trading volume of 16,343 shares, the short-interest ratio is presently 2.1 days. Approximately 5.5% of the shares of the company are sold short.

SPDR S&P Kensho Final Frontiers ETF Trading Down 0.0%

ROKT stock traded down $0.02 on Wednesday, hitting $103.89. The company had a trading volume of 19,420 shares, compared to its average volume of 19,446. The stock has a market cap of $63.37 million, a price-to-earnings ratio of 26.20 and a beta of 1.09. The stock’s 50-day simple moving average is $87.15 and its 200 day simple moving average is $78.47. SPDR S&P Kensho Final Frontiers ETF has a 12-month low of $45.26 and a 12-month high of $104.51.

Institutional Investors Weigh In On SPDR S&P Kensho Final Frontiers ETF

A hedge fund recently bought a new stake in SPDR S&P Kensho Final Frontiers ETF stock. JPMorgan Chase & Co. purchased a new stake in shares of SPDR S&P Kensho Final Frontiers ETF (NYSEARCA:ROKT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 800 shares of the company’s stock, valued at approximately $61,000. JPMorgan Chase & Co. owned about 0.19% of SPDR S&P Kensho Final Frontiers ETF as of its most recent SEC filing.

SPDR S&P Kensho Final Frontiers ETF Company Profile

The SPDR Kensho Final Frontiers ETF (ROKT) is an exchange-traded fund that is based on the S&P Kensho Final Frontiers index. The fund tracks a tier-weighted index of US equities associated with space and deep sea exploration. ROKT was launched on Oct 22, 2018 and is managed by State Street.